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Stablecoin
Chinese Government Advisers Propose Regional Stablecoin for 4 Asian Countries
The stablecoin would help facilitate trade among four Asian countries, which is key to economic recovery in the region after coronavirus, proponents said.
Interest in Gold-Backed Token Trading Grows Amid Supply Disruptions
On Thursday, hourly trading volume in Tether Gold climbed to over $13 million, up from roughly $1 million the day before.
EU Official: We Can't Regulate Libra Without More Details
The European Union is still trying to figure out what to do about Libra, according to a new memo.
Libra Vice Chair Not Worried About the Leavers
Libra Vice Chair Dante A. Disparte said some departing Libra partners left the door wide open for an eventual return. They will be welcomed back when they're ready.
Bank of England's Stablecoin Ruling Targets Financial Stability, Exec Says
Financial stability was a key factor in the Bank of England's decision to hold stablecoin payment systems to the same regulatory standards as existing payment chains.
Stablecoin Crisis Could Wreck Global Finance, Fed Warns in New Report
The Fed warned that a stablecoin crisis could wreak havoc on the global economy and outlined the steps issuers must take to protect the status quo.
French Central Bank Job Posting Reveals Digital Currency Program
Banque de France is seeking a blockchain analyst who will help the bank define a program for implementing digital currency.
MakerDAO Proposes New DAI Ceiling After Hitting $100 Million Cap
MakerDAO loans now hold more than $339 million worth of ether. With the launch of multi-collateral DAI set for later this month, what comes next?
Global Crypto Framework Needed to Stop 'Regulatory Arbitrage,' Watchdog Warns
Hong Kong’s securities regulator says the world needs a united response to stablecoins like Libra to avoid firms setting up in laxer jurisdictions.
Tradewind, Canadian Mint to Verify Origins of Precious Metals on Blockchain
Tradewind Markets is tracking the geography, name and standards of mines that produce precious metals for the Royal Canadian Mint.